U.S. Steel ‘Guaranteed’ to Stay U.S. Owned, Biden Tells Steelworkers

(Bloomberg) — President Joe Biden vowed to keep United States Steel Corp. American-owned and called for higher tariffs on Chinese steel and aluminum as he sought to woo union workers ahead of November’s election.

“U.S. Steel has been an iconic American company for more than a century. And it should remain a totally American company — American-owned, American-operated by American union steelworkers, the best in the world,” Biden told a crowd of union members Wednesday at the headquarters of the United Steelworkers in Pittsburgh.